Banking / Financial Services
"I&M Bank: A leading regional bank with deep heritage."
I&M Bank operates as a fully owned subsidiary of I&M Holdings Limited, a publicly listed entity on the Nairobi Securities Exchange (USE). With a distinguished banking legacy, the bank traces its origins to 1974, when it began as a community-focused financial institution before expanding into a prominent regional commercial bank. Today, it delivers comprehensive corporate and retail banking solutions, operates 35 branches across Kenya, and maintains international presence in three additional countries.
Recognized as a key player in Kenya’s banking sector, I&M Bank has demonstrated consistent growth while pioneering innovative products and services. CDC Group plc, a UK government-owned development finance institution, holds approximately 10.68% equity in I&M Holdings, the parent company of I&M Bank Ltd. The bank also benefits from a technical support agreement with the International Finance Corporation, which focuses on staff training, product innovation, and risk management. Additionally, I&M Bank has secured medium-term foreign currency credit facilities from European development finance institutions including Prop arco, DEG, and FMO.
Its global banking relationships are supported by a network of correspondent banks that includes leading multinational institutions such as Bank One Ltd, Citibank NA, Commerzbank AG, Deutsche Bank AG, ICICI Limited Mumbai, Mash req Bank PLC, Standard Bank of South Africa, and Standard Chartered Bank NY.
Operating internationally through Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, the bank offers a diverse portfolio of financial solutions including specialized banking, commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, card services (credit, debit, and prepaid), and wealth management.